Infinera revenue explodes

In its first quarter as a public company, equipment vendor Infinera reported more than $58 million in second-quarter revenue, a nearly 19% increase sequentially and a 1360% increase from a year earlier.

At $26 million, the company’s net loss for the quarter was 44% deeper than a year earlier. But whereas the pre-public company of a year ago recorded a second-quarter loss of $3.23 per share, today Infinera reported a net loss of $1.10 per share. The optical switch maker raised $182 million in its initial public offering of stock in June.

Also today, the company announced Cox Communications had selected its gear in the construction of a 12,000-mile nationwide network. Last month Infinera introduced a version of its DTN optical switching platform designed for non-telco customers such as cable operators and Internet service providers.